Page 7 - Ramey Jackson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: Janus International Group LLC, which is backed by private equity firm Clearlake Capital Group, is going public via the SPAC route by merging with  Juniper Industrial Holdings Inc (NYSE: JIH). What Happened: Janus makes cutting-edge access control technologies and builds product solutions for the self-storage and industrial sectors. The merger deal with Juniper puts Janus’ enterprise value at $1.9 billion, including debt. Janus intends to list on the NYSE under the ticker symbol “JBI.” Juniper will finance the transaction with $348 million cash held and $250 million in PIPE f...

Clearlake-Backed Manufacturer Janus Is Merging with SPAC Bloomberg 12/22/2020 © Photographer: Steve Russell/Toronto Star/Getty Images A storage facility. (Bloomberg) -- Manufacturer Janus International Group LLC, backed by private equity firm Clearlake Capital, is going public through a merger with a blank-check company. Popular Searches Janus, which makes internet-connected doors and gates for self-storage facilities, will combine with a special purpose acquisition company, or SPAC, called Juniper Industrial Holdings Inc., according to a statement Tuesday. The combined entity will be va...